In Defense Of Bid Jumpers
Nobody likes the “Bid Jumper!!” GEEZ…
This poor soul gets beat up and called out in other Bidder Bios all the time!! I have even seen those that say that these Jumpers are breaking the rules!! While in reality this is not true!! Many say they swoop in at the last moment to “steal” the win from those who were bidding from the start. Others think that they are bid wasters or that they just drive up the cost of the ending price. Ehhh… again, not necessarily true.
First lets define a “Bid Jumper!”
In my mind there are at least two types…
The first bids ferociously right from the beginning. This person is not concerned about the bid clock and is certainly not concerned with your frustration with this style of bidding strategy. In actuality this is what they are hoping for. They want to intimidate the other bidders or “jump” others bid clock time in order to get all others to drop out! This is a viable and legitimate strategy and regardless of what others think… it does work. Especially if you do your homework on the bidders you are up against. You should, as in all cases, be prepared to Buy it Now! You may not make any friends, but is that what we are playing for? No, we play to win!
The second type of “Bid Jumper” swoops in at the end of the auction and watches for the auction to get down to two bidders. This person put in one or two bids at the beginning of the auction but doesn’t participate throughout the auction until what they believe to be the final moments of the auction. They will jump in after they see a couple people going toe-to-toe for awhile and then all of a sudden they will swoop in. They have paid attention to how many bidders have entered the auction and the amount of bids used by all participating. They have carefully noted who is in the auction and what style of bidding they use. They watch to see if they are bidding against “Die Hard” Bidders (those who wont give up on an auction no matter what, oblivious to how many bids they have spent or even worse, someone who just must win at all costs – here’s a good article about winning at all costs and what we can learn). A lot of times the auction will go at a higher price, but no matter, because they have only spent a fraction of the bids the others have. Again, they have paid attention to how many bids the others have spent. So out of all of the strategies, this may be the most calculated of them all. This person has done their homework, they HAVE been watching the auction all along and studying it (they have chosen to stay anonomous intentionally!) You may not like their methods, but you have to admit it is a sound and viable strategy and above all, it is NOT against DealDash rules! So don’t yell at them, don’t get frustrated. Learn about the tactic and use it to your advantage!